By “inflation is like taxation without legislation” Morgan Friedman meant like inflation gets new money into economy and raises revenue, does not mean that it is a part of the legislation.
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Inflation means rise in the prices of the goods and services of the economy at a continuous rate. With the increase in the prices, the revenue of the government also increases and new money also comes in to the economy, just like tax is a source of revenue for the government. But this does not mean that inflation is a part of the legislation or a part of the law, like the taxes are a part of the legislation.
Answer:Gandhi, remembered for his leading role in India's freedom movement, was assassinated by Nathuram Godse on 30 January 1948 in Delhi. ... Noting the excessive trend of naming public places after the leader, the historian says Gandhi should be remembered solely for religious harmony rather than through statues or buildings. And the reason why is because Gandhi is a famous and wonderful person for his leading role in india's freedom.
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Any subject of study needs justification: its advocates must explain why it is worth ... In the past history has been justified for reasons we would no longer accept. ... History should be studied because it is essential to individuals and to society, and ... Only through studying history can we grasp how things change
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